TSE:FTS

Fortis Inc. (FTS.TO)

80.99
+2.34 (2.98%)
as of Oct 22, 2026, 8:00:00 pm Market Closed.
1463 watching
0
BUY
Has broken down to last year’s number. Bit of a problem in Belize but that shouldn’t be too disturbing. Good yield. Good long term asset.
BUY
Long term it trades like the banks, but outperforms them. A growth utility. Dividend yield is somewhat less than most utility stocks because it uses its money to grow. Geographically diversified. Long-term growth profile is great.
BUY
This is a way of producing income without too much volatility.
PAST TOP PICK
(A Top Pick Nov 19/07. Up 4%.) East coast utility that has become a national utility by buying the B.C. pipeline. Has been very stable. 3.5% yield. A Hold.
SELL
Nice yield at 3.6% but trades at a very high multiple in excess of the TSE price/earnings ratio.
PAST TOP PICK
(A Top Pick Mar 23/07. Up 7%.) There has been a pickup in the last few weeks because of a rush to quality and a rush to reliable dividends in the utilities. Has a fine history. Fairly aggressive expansion.
PAST TOP PICK
(A Top Pick March 23/07. Up 4% including dividends.) A good sensible blue chip.
BUY
(Market Call Minute.) Utility regulated and defensive. Runs on a shoestring.
BUY
If you are going to own equities through a difficult economy and market, yield is something you should look at. There are a bunch of companies in the Canadian market that have hung on pretty well. Look at TransCanada (TRP-T), Transalta (TA-T), Fortis (FTS-T) or an Enbridge (ENB).
BUY ON WEAKNESS
Have had a good growth profile for quite awhile. Stock is in a channel on an upward trend. Short-term momentum indicators are saying the stock is a little bit ahead of itself so you might see it back off a little. Try to buy at its support level of around $27.91.
DON'T BUY
Hasn't liked utilities for some time. Given the weakness in interest rates, the stocks have done very well, but he has difficulty in paying 18X or 19X earnings for a yield.
TOP PICK
One of the best utility managements in Canada. Has the feeling that they are just about set to roll again. Yield of 3.5% is not bad.
BUY
Nice defensive name with a decent dividend yield. Trades at reasonable earnings. Can be somewhat illiquid. Well diversified.
TOP PICK
3.1% yield. A very seasonal business. An excellent long term play on western Canadian resource strength. Great management.
BUY
This is a great time to be looking at utilities in general. They don't have a lot of growth, but are sensitive to interest rate movements. US is starting to lower interest rates.
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